Oman Total Trade of Goods & Services: % of Nominal GDP

1980 - 2021 | Yearly | % | CEIC Data

Key information about Oman Total Trade of Goods and Services: % of Nominal GDP

  • Oman Total Trade of Goods & Services: % of Nominal GDP recorded 95.667 % in Dec 2021, compared with 91.876 % in the previous year.
  • Oman Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1980 to Dec 2021, with an averaged value of 92.069 %.
  • The data reached an all-time high of 112.543 % in Dec 2013 and a record low of 70.321 % in Dec 1987.

CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from annual Total Trade of Goods and Services and annual Nominal GDP. The National Centre for Statistics and Information provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 2008. Total Trade of Goods and Services as % of Nominal GDP prior to 2011 is calculated from Nominal GDP and Total Trade of Goods and Services both based on SNA 1993.

View Oman's Total Trade of Goods & Services: % of Nominal GDP from 1980 to 2021 in the chart:

Oman Total Trade of Goods & Services: % of Nominal GDP

What was Oman's Total Trade of Goods & Services: % of Nominal GDP in 2021?

Oman Total Trade of Goods & Services: % of Nominal GDP recorded 95.667 % in Dec 2021, compared with 91.876 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
95.667 2021 91.876 2020 70.321 1987 112.543 2013 % yearly 1980 - 2021

Total Trade of Goods & Services: % of Nominal GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 75.855 Jun 2024 quarterly Mar 2008 - Jun 2024
Algeria (%) 46.195 2023 yearly 1950 - 2023
Argentina (%) 28.090 Jun 2024 quarterly Mar 1993 - Jun 2024
Armenia (%) 122.798 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 46.221 Sep 2024 quarterly Sep 1959 - Sep 2024
Austria (%) 108.409 Jun 2024 quarterly Mar 1964 - Jun 2024
Azerbaijan (%) 79.056 Mar 2024 quarterly Mar 2001 - Mar 2024
Bahrain (%) 166.346 2022 yearly 1975 - 2022
Bangladesh (%) 28.888 2024 yearly 1960 - 2024
Belarus (%) 133.539 Jun 2024 quarterly Mar 1995 - Jun 2024
Belgium (%) 156.631 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 48.213 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 89.713 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (%) 68.508 Jun 2024 quarterly Mar 1994 - Jun 2024
Brazil (%) 37.844 Sep 2024 quarterly Mar 1996 - Sep 2024
Brunei (%) 136.661 Jun 2024 quarterly Mar 2004 - Jun 2024
Bulgaria (%) 109.216 Sep 2024 quarterly Mar 1995 - Sep 2024
Cambodia (%) 145.874 2022 yearly 1988 - 2022
Canada (%) 62.349 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 65.558 Sep 2024 quarterly Mar 1990 - Sep 2024
China (%) 38.986 Sep 2024 quarterly Mar 1998 - Sep 2024
Colombia (%) 37.049 Sep 2024 quarterly Mar 2005 - Sep 2024
Croatia (%) 110.838 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 180.045 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 126.625 Sep 2024 quarterly Mar 1995 - Sep 2024
Denmark (%) 130.356 Sep 2024 quarterly Mar 1977 - Sep 2024
Ecuador (%) 57.813 Jun 2024 quarterly Mar 1991 - Jun 2024
Egypt (%) 52.182 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (%) 146.856 Sep 2024 quarterly Mar 1995 - Sep 2024
European Union (%) 98.511 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 83.493 Jun 2024 quarterly Mar 1970 - Jun 2024
France (%) 67.009 Sep 2024 quarterly Mar 1975 - Sep 2024
Georgia (%) 104.752 Jun 2024 quarterly Mar 1996 - Jun 2024
Germany (%) 81.411 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 69.037 2023 yearly 1983 - 2023
Greece (%) 95.175 Jun 2024 quarterly Mar 1995 - Jun 2024
Hong Kong SAR, China (%) 358.634 Sep 2024 quarterly Mar 1973 - Sep 2024
Hungary (%) 142.128 Sep 2024 quarterly Mar 1995 - Sep 2024
Iceland (%) 88.281 Sep 2024 quarterly Mar 1995 - Sep 2024
India (%) 46.293 Sep 2024 quarterly Jun 1996 - Sep 2024
Indonesia (%) 43.294 Sep 2024 quarterly Mar 1993 - Sep 2024
Iran (%) 51.598 2022 yearly 1959 - 2022
Ireland (%) 276.030 Jun 2024 quarterly Mar 1995 - Jun 2024
Israel (%) 54.129 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 62.600 Sep 2024 quarterly Mar 1980 - Sep 2024
Ivory Coast (%) 47.669 2023 yearly 1960 - 2023
Japan (%) 47.451 Sep 2024 quarterly Mar 1955 - Sep 2024
Jordan (%) 80.489 2021 yearly 1967 - 2021
Kazakhstan (%) 43.521 Dec 2023 quarterly Mar 1994 - Dec 2023
Kenya (%) 32.092 2023 yearly 1964 - 2023
South Korea (%) 85.828 Jun 2024 quarterly Mar 1960 - Jun 2024
Kosovo (%) 133.643 Sep 2024 quarterly Mar 2010 - Sep 2024
Kuwait (%) 90.702 2022 yearly 1962 - 2022
Kyrgyzstan (%) 98.747 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 128.834 Jun 2024 quarterly Mar 1992 - Jun 2024
Lebanon (%) 87.417 2020 yearly 1990 - 2020
Lithuania (%) 133.144 Sep 2024 quarterly Mar 1995 - Sep 2024
Luxembourg (%) 399.556 Sep 2024 quarterly Mar 1995 - Sep 2024
Macau SAR, China (%) 130.716 Sep 2024 quarterly Mar 1998 - Sep 2024
North Macedonia (%) 152.070 Jun 2024 quarterly Mar 2000 - Jun 2024
Malawi (%) 46.122 2019 yearly 1960 - 2019
Malaysia (%) 139.674 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 228.195 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 106.580 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (%) 70.140 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 93.077 Jun 2024 quarterly Mar 1995 - Jun 2024
Mongolia (%) 149.099 Sep 2024 quarterly Mar 2005 - Sep 2024
Montenegro (%) 111.092 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (%) 97.106 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 105.628 2023 yearly 1991 - 2022
Myanmar (%) 49.145 2019 yearly 2019 - 2019
Nepal (%) 41.638 2024 yearly 1969 - 2024
Netherlands (%) 159.175 Sep 2024 quarterly Mar 1987 - Sep 2024
New Zealand (%) 51.590 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (%) 39.325 Dec 2023 quarterly Mar 2010 - Dec 2023
Norway (%) 82.034 Sep 2024 quarterly Mar 1978 - Sep 2024
Oman (%) 95.667 2021 yearly 1980 - 2021
Pakistan (%) 26.922 2024 yearly 2000 - 2024
Palestinian Territory (%) 85.959 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (%) 89.533 2023 yearly 1960 - 2023
Paraguay (%) 82.292 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (%) 53.495 Sep 2024 quarterly Mar 1980 - Sep 2024
Philippines (%) 73.650 Sep 2024 quarterly Mar 1981 - Sep 2024
Poland (%) 103.888 Jun 2024 quarterly Mar 2002 - Jun 2024
Portugal (%) 93.062 Jun 2024 quarterly Mar 1977 - Jun 2024
Qatar (%) 92.001 Sep 2023 quarterly Mar 2013 - Sep 2023
Romania (%) 80.483 Jun 2024 quarterly Mar 1995 - Jun 2024
Russia (%) 40.094 Jun 2024 quarterly Mar 1995 - Jun 2024
Saudi Arabia (%) 60.972 Jun 2024 quarterly Mar 2003 - Jun 2024
Serbia (%) 113.106 Sep 2024 quarterly Mar 1995 - Sep 2024
Singapore (%) 311.143 Sep 2024 quarterly Mar 1975 - Sep 2024
Slovakia (%) 174.223 Jun 2024 quarterly Mar 1990 - Jun 2024
Slovenia (%) 154.951 Sep 2024 quarterly Mar 1995 - Sep 2024
South Africa (%) 61.390 Jun 2024 quarterly Mar 1960 - Jun 2024
Spain (%) 70.718 Jun 2024 quarterly Mar 1980 - Jun 2024
Sri Lanka (%) 42.093 Jun 2024 quarterly Mar 2010 - Jun 2024
Sudan (%) 41.299 2019 yearly 1996 - 2019
Sweden (%) 104.962 Sep 2024 quarterly Mar 1980 - Sep 2024
Switzerland (%) 126.111 Sep 2024 quarterly Mar 1980 - Sep 2024

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Oman Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Consolidated Fiscal Balance (USD mn) 78.023 Sep 2024 monthly Jun 2003 - Sep 2024
Tax Revenue (USD mn) 4,872.086 2023 yearly 1996 - 2023
Tax Revenue: % of GDP (%) 4.5 2023 yearly 1996 - 2023
National Government Debt (USD mn) 39,697.0 2023 yearly 1990 - 2023
Government Debt: % of GDP (%) 36.5 2023 yearly 1990 - 2023
Forecast: Government Expenditure (OMR bn) 11.851 2029 yearly 1990 - 2029
Forecast: Government Net Debt (OMR bn) 14.813 2029 yearly 1990 - 2029
Forecast: Government Revenue (OMR bn) 13.627 2029 yearly 1990 - 2029
Government Revenue: Corporate Income Tax (OMR mn) 12.000 Sep 2024 monthly Jan 2006 - Sep 2024
Government Expenditure: Current (OMR mn) 718.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Financing (OMR mn) 12.000 Sep 2024 monthly Jan 2006 - Sep 2024
Government Expenditure: Investment (OMR mn) 105.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Surplus or Deficit: Fiscal (OMR mn) 30.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Expenditure (OMR mn) 1,062.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Surplus or Deficit: Remaining (OMR mn) 22.000 Jul 2024 monthly Jan 2006 - Jul 2024
Government Revenue (OMR mn) 1,092.000 Sep 2024 monthly Jun 2003 - Sep 2024
Government Revenue: Current (OMR mn) 170.000 Sep 2024 monthly Mar 2012 - Sep 2024
Government Revenue: Non Oil (OMR mn) 3,524.767 2023 yearly 1990 - 2023
Government Debt (OMR mn) 15,263.500 2023 yearly 2001 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.354 2028 yearly 1980 - 2028
Trade Balance (USD mn) 1,402.1 Sep 2024 monthly Jan 1975 - Sep 2024
Total Exports (USD mn) 5,004.1 Sep 2024 monthly Mar 2003 - Sep 2024
Total Exports Growth (%) -2.1 Sep 2024 monthly Mar 2004 - Sep 2024
Aluminum: Exports (USD th) 1,500,067.073 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 135,166.038 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 7,003.054 2023 yearly 1995 - 2023
Total Imports (USD mn) 3,589.1 Aug 2024 monthly Jan 1975 - Aug 2024
Total Imports Growth (%) 0.7 Mar 2023 monthly Jan 1976 - Mar 2023
Imports: Medicament (USD th) 433,950.703 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 179,136.184 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 134.818 Aug 2024 monthly Oct 1986 - Aug 2024
Total Imports from USA (USD mn) 100.070 Aug 2024 monthly Jan 1981 - Aug 2024
Total Exports to China (USD mn) 47.074 Jun 2017 monthly Nov 2009 - Jun 2017
Total Imports from China (USD mn) 436.931 Sep 2024 monthly Jun 1984 - Sep 2024
Exports: Non Oil: India (OMR mn) 68.000 Aug 2024 monthly Jan 2006 - Aug 2024
Re-Exports (OMR mn) 132.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil: Saudi Arabia (OMR mn) 76.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Non Oil: United Arab Emirates (OMR mn) 92.000 Aug 2024 monthly Jan 2006 - Aug 2024
Exports: Re-Exports: ow United States (OMR mn) 3.000 Sep 2024 monthly Dec 2007 - Sep 2024
Imports: Transport Equipment (OMR mn) 131.437 Sep 2024 monthly Jan 2006 - Sep 2024
Imports: United Arab Emirates (OMR mn) 330.000 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: India (OMR mn) 130.000 Aug 2024 monthly Feb 2006 - Aug 2024
Imports: Saudi Arabia (OMR mn) 130.000 Aug 2024 monthly Jan 2011 - Aug 2024
Imports (OMR mn) 1,380.000 Aug 2024 monthly Jan 1975 - Aug 2024
Exports: Crude Oil: Japan (Barrel th) 0.000 Sep 2024 monthly Feb 2006 - Sep 2024
Exports: Crude Oil: India (Barrel th) 1,002.000 Sep 2024 monthly Nov 2010 - Sep 2024
Exports: Crude Oil (Barrel th) 25,092.500 Sep 2024 monthly Feb 2006 - Sep 2024
Exports: Crude Oil: China (Barrel th) 24,090.500 Sep 2024 monthly Feb 2006 - Sep 2024
Export Volume Index (2015=100) 113.944 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 84.478 2021 yearly 2000 - 2021
Export Value Index (2015=100) 139.667 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 395.3 2023 yearly 2001 - 2023
Current Account Balance (USD mn) 2,637.2 2023 yearly 1974 - 2023
Current Account Balance: % of GDP (%) -4.9 2021 yearly 1980 - 2021
Foreign Direct Investment (USD mn) 12,488.9 2023 yearly 1970 - 2023
Foreign Direct Investment: % of GDP (%) 11.5 2023 yearly 1970 - 2023
Foreign Portfolio Investment (USD mn) -4,153.446 2023 yearly 1996 - 2023
Foreign Portfolio Investment: % of GDP (%) -3.8 2023 yearly 1996 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -964.6 2023 yearly 1974 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -3,188.557 2023 yearly 1974 - 2023
Forecast: Current Account Balance (USD bn) 2.660 2029 yearly 1980 - 2029
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2021 yearly 2017 - 2021
OM: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 0.000 2021 yearly 2017 - 2021
BoP: Current Account: Transfers (OMR mn) -3,774.000 2017 yearly 1996 - 2017
Foreign Direct Investment: Manufacturing (OMR mn) 2,163.200 2023 yearly 2005 - 2023
Foreign Direct Investment: Financial Intermediation (OMR mn) 1,347.600 2023 yearly 2005 - 2023
Foreign Direct Investment: Oil and Gas (OMR mn) 19,523.800 2023 yearly 2005 - 2023
Foreign Direct Investment: Real Estate, Renting and Business Activities (OMR mn) 1,035.700 2023 yearly 2005 - 2023
Foreign Direct Investment: Construction (OMR mn) 466.600 2023 yearly 2005 - 2023
Foreign Direct Investment: United Kingdom (OMR mn) 12,679.300 2023 yearly 2005 - 2023
Foreign Direct Investment: Kuwait (OMR mn) 1,147.600 2023 yearly 2005 - 2023
Foreign Direct Investment: United States of America (OMR mn) 4,325.100 2023 yearly 2005 - 2023
Foreign Direct Investment: India (OMR mn) 354.500 2023 yearly 2005 - 2023
Foreign Direct Investment: United Arab Emirates (OMR mn) 998.600 2023 yearly 2005 - 2023
No of Registered Enterprises (Unit) 338,094.000 2021 yearly 1999 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 Jun 2024 quarterly Jun 2008 - Jun 2024
Non-Performing Loans (USD mn) 515.735 Jun 2024 quarterly Mar 2008 - Jun 2024
Money Supply M1 (USD mn) 17,447.854 Sep 2024 monthly Jan 1999 - Sep 2024
Money Supply M2 (USD mn) 64,219.766 Sep 2024 monthly Jan 1999 - Sep 2024
M2 Growth (%) 13.9 Sep 2024 monthly Jan 2000 - Sep 2024
Reserve Requirement Ratio (%) 5.0 Oct 2024 monthly Jun 2006 - Oct 2024
Foreign Exchange Reserves (USD mn) 17,671.8 Sep 2024 monthly Apr 1970 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 14.968 Jun 2024 quarterly Dec 2005 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.5 Aug 2024 monthly Jan 1975 - Aug 2024
Gold Reserves (USD mn) 571.391 Sep 2024 monthly Dec 1969 - Sep 2024
Total Deposits (USD mn) 64,825.792 Sep 2024 monthly Jan 2000 - Sep 2024
Total Deposits Growth (%) 11.1 Sep 2024 monthly Jan 2001 - Sep 2024
Domestic Credit (USD mn) 70,974.5 Sep 2024 monthly Dec 1999 - Sep 2024
Domestic Credit Growth (%) 4.7 Sep 2024 monthly Dec 2000 - Sep 2024
Total Loans (USD mn) 65,854.356 Sep 2024 monthly Dec 1998 - Sep 2024
Total Loans Growth (%) 3.21 Sep 2024 monthly Dec 1999 - Sep 2024
Private Debt: % of Nominal GDP (%) 48.74 Jun 2024 quarterly Dec 2005 - Jun 2024
Domestic Assets (OMR mn) 17,336.400 Sep 2024 monthly Dec 1999 - Sep 2024
Money Supply (OMR mn) 24,692.500 Sep 2024 monthly Jan 1999 - Sep 2024
Money Supply: Quasi Money (OMR mn) 17,983.700 Sep 2024 monthly Jan 1999 - Sep 2024
Deposits: Private Sector (OMR mn) 16,200.000 Sep 2024 monthly Jan 1999 - Sep 2024

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